All articles by Verdict Staff

Verdict Staff

Misys opens new office in Texas

Misys, a UK-based developer of software solutions for financial services institutions, has opened a new office in Texas, US as part of its growth strategy.

Suncorp appoints new investment head

Australian financial services provider Suncorp has appointed Patrick Farrell as its new head of investment, replacing Nick Basile who resigned last month.

TIAA Investments names new chief investment strategist

TIAA Investments has appointed Brian Nick as its new chief investment strategist. He will be based in New York.

Singapore to take action against DBS, Standard Chartered and UBS

The Monetary Authority of Singapore (MAS) has found lapses in anti-money laundering (AML) controls in DBS, Standard Chartered and UBS – following its probe into scandal-ridden Malaysian state fund 1Malaysia Development Berhad (1MDB).

ESMA recommends granting Jersey AIFMD passport

The European Securities and Markets Authority (ESMA) has recommended granting Jersey funds and managers an AIFMD (Alternative Investment Fund Managers Directive) passport.

Leadership vacuum in UK financial sector post-Brexit leaves one million jobs at risk: CISI

There has been a complete leadership vacuum in UK financial services sector since the EU referendum on 24 June 2016, which is affecting the sector’s competitiveness and threatening jobs, according to Chartered Institute for Securities & Investment (CISI).

Abu Dhabi and China regulators sign MoU to improve regulatory collaboration

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and the China Securities Regulatory Commission have signed a memorandum of understanding (MoU) to support cross-border activities and regulatory collaboration.

PIMCO names new CEO

American investment management firm PIMCO has named Emmanuel (Manny) Roman as its new CEO, replacing Douglas Hodge who will now assume the role of managing director and senior advisor.

New York Life Investment Management sets up Japan office

New York Life Investment Management (NYLIM) has expanded its Asian footprint by opening an office in Japan.

BNY Mellon appoints new investment services head for EMEA

BNY Mellon has named Hani Kablawi as its new head of investment services for Europe, the Middle East and Africa (EMEA).